>It is estimating GOLD to reach 1366 by November and just over 3000 by 2015; you can take that to the bank.
Interesting! Gold only at $3000 in around 5 years time??
Do you think that the financial world is going to somehow miraculously repair itself within that time frame??
I think not.
$3000 Gold might be the bottom of the cycle once this all pans out?
Let's face it. No-one is really going to know how high gold will run because you can't really out a specific value on it. What that means essentially is that Gold could go to any heights depending on the global financial circumstances.
Most respected analysts are speaking of $5,000-$10,000 and some of over $35,000/oz.
I think that we will see US$3000 within 2 years as a warm up and I see the trend most likely gaining momentum so the time frame could be much less than that as well.
Who knows but time will tell.
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